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16-Bedroom Apartment Building
For Sale
$499,500

829 Greenbrier Road, Dekalb, IL 60115

Commercial Sale, DeKalb, IL

Property SizeContact for details
Lot Size0.25 Acres
Days on Market50

Property Features for 829 Greenbrier Road

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 16
Bathrooms 61
Full bathrooms 61
Rooms Bathroom 28, Bathroom 31, Bathroom 8, Bathroom 1, Bathroom 5, Bathroom 53, Bathroom 40, Bathroom 13, Bathroom 23, Bathroom 2, Bedroom 6, Bathroom 46, Bathroom 52, Bathroom 44, Bathroom 34, Bedroom 1, Bathroom 17, Bathroom 47, Bedroom 15, Bathroom 35, Bathroom 36, Bathroom 4, Bathroom 38, Bathroom 6, Bedroom 12, Bathroom 3, Bedroom 3, Bathroom 26, Bathroom 27, Bedroom 8, Bathroom 39, Bathroom 59, Bathroom 50, Basement, Bathroom 12, Bedroom 13, Bathroom 32, Bathroom 43, Bathroom 15, Bathroom 56, Bathroom 22, Bedroom 9, Bathroom 10, Bathroom 54, Bathroom 20, Bathroom 7, Bathroom 9, Bathroom 11, Bathroom 18, Bathroom 51, Bathroom 25, Bedroom 5, Bathroom 41, Bathroom 16, Bathroom 57, Bedroom 2, Bedroom 4, Bathroom 24, Bathroom 60, Bathroom 61, Bathroom 21, Bathroom 29, Bathroom 37, Bathroom 49, Bedroom 10, Bathroom 58, Bathroom 48, Bathroom 30, Bedroom 14, Bedroom 16, Bedroom 7, Bedroom 11, Bathroom 14, Bathroom 42, Bathroom 33, Bathroom 45, Bathroom 55, Bathroom 19
Basement Finished
Directions NORMAL TO GREENBRIER TO PROPERTY
Subdivision De Kalb
Standard status Active
APN 0815178021
Lot size 0.25 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 9171

Amenities

common area
kitchen
multi-stall bathroom with showers

Building Details

Year built 1963
Floors in Building 2
Number of units 16
Building materials Brick
Listing Agency: Legacy Properties
Listed By: Tracy Behrens · License #475142726
Added: Aug 28 Changed: Oct 13 Last Checked: Oct 16 at 10:06PM
MLS# 12746662

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This multifamily property includes 15 single rooms and a separate one-bedroom manager’s apartment. The manager’s unit has a private bathroom, kitchen, and living room, while the rental rooms share a common area, kitchen, and multi-stall bathrooms with showers. The property was updated in 2013 and features a sturdy brick exterior, a new roof, and a new parking lot.

Located near the NIU campus in DeKalb, the property occupies 0.25 acres and is zoned MULTI. Ten on-site off-street parking spaces are supplemented by adjacent street parking. The building was constructed in 1963 and is fully rented.

Key Highlights

  • 16 bedrooms: 15 single rooms plus a 1‑bedroom manager’s apartment
  • Manager’s apartment includes a private bathroom, kitchen, and living room
  • Rental areas provide a common space, shared kitchen, and multi‑stall bathrooms with showers

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm HVAC Service Electrical Service Big Box & Wholesale Store Auto Parts Store Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

16
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

476
Businesses Nearby

Demographics for 60115, IL

42,103
Population
18,175
Households
2.3
Avg Household Size
29
Median Age
36%
College-Educated
90%
High-School Grad
81.0 sq mi
ZIP Area
520
Density / Sq Mi
$46,808
Median Household Income
$22,838
Median Earnings
$1,018
Median Rent
$205,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Fully rented multifamily property near NIU campus with shared kitchen, common area, and shower-equipped bathrooms.
Where is this apartment building located?
The property is located at 829 Greenbrier Road Dekalb, IL.
What is the asking price?
The asking price for this property is $499,500.
What are key features of this property?
This property features: 16 bedrooms: 15 single rooms plus a 1‑bedroom manager’s apartment; Manager’s apartment includes a private bathroom, kitchen, and living room; Rental areas provide a common space, shared kitchen, and multi‑stall bathrooms with showers
More about this property
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